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| October 09, 2014 --- Vol. 08, No. 41 | October 2014
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British Columbia
COPPER/GOLD – Alix Resources Corp. Oct. 6 reported results from a preliminary reconnaissance exploration program completed this summer in the Sheslay district of northwestern British Columbia. A crew was mobilized to the area in late June and completed a prospecting and soil sampling program on the South Fork property, which includes the VI and Halt showings, and on the North Cap East and North Cap West properties. Alix also holds the North Hackett claims, contiguous to the northeast boundary of Doubleview Capital Corp.’s Hat copper-gold porphyry discovery. The 2014 program has confirmed, enhanced and expanded the original 1982 Halt soil geochemical gold and copper anomalies and additional exploration is planned to define the extent and source of the anomalies for upcoming drill targets. A soil sample grid near the Halt showing within the South Fork Property, consisting of 49 samples, returned anomalous gold values up to 106 parts per billion and copper up to 193 parts per million. A total of six samples returned greater than 40 ppb gold. Samples were taken every 100 meters along a series of east-west soil geochemistry lines spaced 400 meters apart, just north of the Halt showing. A limited soil sampling program on the northern portion of the property returned an anomalous sample containing 56 ppb gold and 158 ppm copper. Six out of 10 total samples each returned more than 100 ppm copper, and of those, three samples returned greater than 150 ppm copper, with a peak value of 193 ppm. Note: Soil anomaly widths are not necessarily indicative of mineralization in bedrock. However, Alix says the extent of the gold and copper values is interpreted to be very encouraging. Limited outcrop sampling of 8 rock samples was also conducted on the three properties, however sampling was hindered due to snow cover and no anomalous values were returned. Soil sampling on the North Cap properties was very limited and no anomalous values were returned. Carbonate alteration was noted on the North Cap West property. Alix says additional exploration on the North Cap properties is warranted and planned.
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